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the missiles had been defense -- defensive missiles have been shared. number of states in the region. and, frankly, the president's declaration seven pretty explicit. but to the choice of saying, do we want to manage this or just contain the threat? we going to presented and reiterated? statements by leon panetta, defense secretary have dropped some of the hesitation is that were earlier. and so, again, there has been a reiteration of how seriously we take the threat if we are prepared to act if necessary. think it's everyone so we don't get to that, but i think the measures that are being taken are the ones that make that threat real. we hope it will have some influence. if you go back, all the problems that has posed and all the missteps that got us into the war, it concentrated the mind of the iranians. that was a time and actually suspended a lot of their nuclear activities, additional inspections and the rest. so they are susceptible to military pressure. get it right so that you apply the pressure but never have to take into actuality. >> supreme
the missiles had been defense -- defensive missiles have been shared. number of states in the region. and, frankly, the president's declaration seven pretty explicit. but to the choice of saying, do we want to manage this or just contain the threat? we going to presented and reiterated? statements by leon panetta, defense secretary have dropped some of the hesitation is that were earlier. and so, again, there has been a reiteration of how seriously we take the threat if we are prepared to act...
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host: that is defense and nondefense? guest: defense and non-defense. armageddon, words like that to not apply here. -- do not apply here. guest: you still have to do it in a more thoughtful way over a more protracted period of time. guest: the overstatement by the guest: the overstatement by the aerospace industry
host: that is defense and nondefense? guest: defense and non-defense. armageddon, words like that to not apply here. -- do not apply here. guest: you still have to do it in a more thoughtful way over a more protracted period of time. guest: the overstatement by the guest: the overstatement by the aerospace industry
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cowboys' defensive lineman josh brent charge charged with intoxication manslaughter after his passenger and teammate jerry brown was killed in a car crash outside of dallas on saturday. police say brent was speeding when the vehicle hit a curb and flipped. he is out of jail now after posting $500,000 bail. >> do you have anything you want to say to jerry brown's family? >> jerry brown is my dear best friend. i'm just trying to deal with his death right now. >> kimberly: i can only imagine. the fact it comes days after kansas city chief jovan belcher killed his girlfriend and then himself. the new video shows cops confronting him before the shooting. belcher was reportedly out drinking that night and brent's arrest is the 15th player arrested for suspicion of dui. it's a problem. what should the n.f.l. do about it? that's the discussion over the weekend. people have strong opinions about this. thinking there should be curfews imposed and device on vehicles. host of ideas to combat the problem. >> eric: this may sound callous, but i don't think there is a problem. the n.f.l. offers a serv
cowboys' defensive lineman josh brent charge charged with intoxication manslaughter after his passenger and teammate jerry brown was killed in a car crash outside of dallas on saturday. police say brent was speeding when the vehicle hit a curb and flipped. he is out of jail now after posting $500,000 bail. >> do you have anything you want to say to jerry brown's family? >> jerry brown is my dear best friend. i'm just trying to deal with his death right now. >> kimberly: i can...
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defense secretary leon panetta also said in a statement, i was deeply saddened to learn a u.s. service member was killed in the operation. i want to extend my condolences to his family, teammates and friends. to had fallen hero and our special operators americans seed highest ideals of citizenship and service and the torch of freedom burns brighter because of them. bill: reminder again of the great sacrifice from so many. steve centanni, thank you. martha. >> reporter: you bet. martha: also in the fight against terror a big blow to al qaeda, its second-in-command killed in a drone strike. pakistani intelligence officials say abu saiid kuwaiti was killed. and he was presented as a religious scholar for the group. he was promoted second-in-command earlier this year. >>> back to the economy now, china apparently going on an american spending spree. a chinese company agreed to buy a big chunk of insurance giant aig for more than $4 billion after the company got a huge bailout during the u.s. financial crisis. that is not the only bargain that china is picking up from u.s. taxpayers
defense secretary leon panetta also said in a statement, i was deeply saddened to learn a u.s. service member was killed in the operation. i want to extend my condolences to his family, teammates and friends. to had fallen hero and our special operators americans seed highest ideals of citizenship and service and the torch of freedom burns brighter because of them. bill: reminder again of the great sacrifice from so many. steve centanni, thank you. martha. >> reporter: you bet. martha:...
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there is a defensiveness. that is also created by the fact that we operate in a little less than is 00 countries. you know, locally with local teams so that gives us a natural hedge. and the other natural hedge that we have is that we sell fragrances and flavors to wide variety of brands. you know, local, regional or multi national clients which gives us a natural hedge from that standpoint. >> but then as you expand in the gd markets, i assume that you're confronted with a huge challenge. you're standing here in switzerland, you're thousands of miles away from where the end consumer is. how do you actually know what consumers let's say in south america, africa actually like in terms of fragrances? >> it's imminently linked to the culture of a local country. especially on the state side, especially on the flavor side. so we don't create fragrances and flavors for the indians and the chinese. we have 9,000 people around the world. half of them create the next fragrances and flavors. and out of those 4,500 peopl
there is a defensiveness. that is also created by the fact that we operate in a little less than is 00 countries. you know, locally with local teams so that gives us a natural hedge. and the other natural hedge that we have is that we sell fragrances and flavors to wide variety of brands. you know, local, regional or multi national clients which gives us a natural hedge from that standpoint. >> but then as you expand in the gd markets, i assume that you're confronted with a huge...
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we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary, and if you cut benefits, you lose everywhere, no matter republican or democrat. everybody knows that. dic dicey. >> running for higher taxes? i mean, look, i'm not pro -- i think that frits van paasschen who has a big bet on china, he laid it out. he said we need both. i was listening to cody from honeywell, it's a dangerous position to want both tax increases and entitlement cuts. i hear very few politicians wanting to do that. >> speaking of china, by the way, mostly upbeat data out of china. 10.1% in november, strongest since march. exports rose at a weaker pace. the planned resignation of italian prime minister mario
we've got defense cuts, about there's $4 trillion, documented numbers spent to defeat our enemies, who aso is that coming. how do you cut that budget. >> maybe to corporate's point, if you accede to the president on tax hikes, then you shift the debate purely on, okay, we've given, let's focus on the spending side. >> it's dangerous. spending side means -- >> they need to compromise that's actually worthwhile. >> if you raise taxes, you lose in the republican primary,...
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because they were -- i mean, they got a great defensive line, they sacked toney romo. they had him under pressure. a.j. green, who is great, dropped a bunch of passes and they had about three or four dropped interceptions that would have turned it around. they didn't convert some third -- i watched the whole game and as i said, it was devastating for just a regular season games. >> i've been a bengals fan, seriously, since ken anderson. >> gregg cook. >> yeah, craig cook from the university of cincinnati. i remember those guys. i loved them. bob trumping, chris collinsworth. john harwood, thank you. and i was happening that rg3, no real damage, hopefully. comments, questions on anything you see here on squawk, e-mail us, squawk@cnbc.com. >>> still to come, one of the most cited voices since the fiscal cliff, erskine bowles. he he loves the rise above. first, we're going to head to the futures pits in chicago and see which stories are most likely to drive today's trading. as we head to break, some of santa's friends dawned swimsuits this weekend to take part in the sant
because they were -- i mean, they got a great defensive line, they sacked toney romo. they had him under pressure. a.j. green, who is great, dropped a bunch of passes and they had about three or four dropped interceptions that would have turned it around. they didn't convert some third -- i watched the whole game and as i said, it was devastating for just a regular season games. >> i've been a bengals fan, seriously, since ken anderson. >> gregg cook. >> yeah, craig cook from...
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what do you do with defense spending? what do you do with nondefense spending? >> and something needs to be done with all three things that you just mentioned, correct? >> yes. >> something really significant, correct? >> but it doesn't mean take medicare, it doesn't mean raising the medicare age. >> why not? >> because i'll tell you, i was in yun in youngstown a year or so ago. a woman who had no insurance said to me, she said -- she was 63 years old -- she just said i just need to live a year and a half more so i can get on medicare and get health insurance. >> right. so maybe the age doesn't raise for her, but what about for others? why can't you guys come up with a framework that works now? >> means testing. there's this whole view that 70-year-olds -- >> we're not saying that. >> no, but somewhere it was social security at 70, 67, now you raise it another year. people that work in a diner, people that are on their feet all day long in retail or construction or manufacturing, you know, all of us can work till we're 70, perhaps, god willing. >> so means testi
what do you do with defense spending? what do you do with nondefense spending? >> and something needs to be done with all three things that you just mentioned, correct? >> yes. >> something really significant, correct? >> but it doesn't mean take medicare, it doesn't mean raising the medicare age. >> why not? >> because i'll tell you, i was in yun in youngstown a year or so ago. a woman who had no insurance said to me, she said -- she was 63 years old -- she...